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Paradime Shift Limited

07954629

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

THE OLD FORGE, COLCHESTER, CO1 2TP
Incorporated 17/02/2012

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

86900
Other human health activities

Officers

Mr Amit Chitranjan Patel

director · Since 17/02/2012

CHIROPRATOR

ENGLISH · UNITED KINGDOM · Age 43

Also on 2 other boards

Dr Amit Chitranjan Patel

secretary · Since 15/10/2015

Jessica Patel

secretary · Since 15/07/2024

Persons with Significant Control

Mr Amit Chitranjan Patel

75–100% shares
75–100% votes
Appoint directors
right-to-appoint-and-remove-directors-as-trust
right-to-appoint-and-remove-directors-as-firm

British · England · Age 43

The Old Forge, East Street, Colchester, CO1 2TP

Notified 17/02/2017

Charges1 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 23/02/2016Registered 29/02/2016

CompanyRankvs 981+ SIC 86900 peers
78

Financial strength99th percentile among SIC peers · 25/25
Employees91th percentile among SIC peers · 14/15
LiquidityCurrent ratio 9.51× · 20/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength25/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees14/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity14/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 28/02/2025

Net Worth

£1.8M

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£1.7M

Working capital

Current Assets

£2.0M

Current Liabilities

£205k

Fixed Assets

£43k

5avg. employees

Balance Sheet

Assets less current liabilities£1.8M
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20259.51+£105k
202412.89+£126k
202315.84+£114k
20229.35+£225k
20217.11+£112k
20205.75+£213k
20195.02—

Derived from filed accounts. Not audited figures.